Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

Nordstrom Rack Announces 2 More Canadian Locations

Seattle-based Nordstrom has announced two more Canadian off-price Nordstrom Rack locations -- one in Calgary, and one in the Greater Toronto Area (GTA). The Calgary store will be located at Deerfoot Meadows, and the GTA store will be at Vaughan Mills. Both will open in the spring of 2018, along with a recently announced urban Nordstrom Rack location to open at 1 Bloor Street East in downtown Toronto.

The Calgary Nordstrom Rack will measure about 30,500 square feet, while the Vaughan Mills unit will be about 35,000 square feet, according to Nordstrom. The Bloor Street store will be the largest announced to date, at 38,600 square feet over two levels.

Both Deerfoot Meadows and Vaughan Mills are owned and operated by Ivahnoé Cambridge. The Calgary centre is anchored by Ikea, Real Canadian Superstore, Walmart, Best Buy, and other large retailers, while Vaughan Mills includes several anchors including competitor Saks OFF 5TH, which opened at the centre in March of this year. Saks OFF 5TH will also soon have a Calgary presence when it opens this fall at Ivahnoé Cambridge's CrossIron Mills.

Nordstrom has said in the past that it plans to open approximately 20 Nordstrom Rack stores across Canada.

Nordstrom currently operates three full-priced stores in Canada, with two more set to open this fall. A 140,000 square foot location opened at Calgary's CF Chinook Centre in September of 2014, followed by a 157,000 square foot store at Ottawa's CF Rideau Centre. A 230,000 square foot flagship followed in September of 2015 at CF Pacific Centre in Vancouver. On September 16 of this year, Nordstrom will enter the Toronto market with a 220,000 square foot flagship at CF Toronto Eaton Centre, followed by the October 21 opening of a 196,000 square foot unit at Yorkdale shopping centre. In the fall of 2017, a 138,000 square foot Nordstrom will open at CF Sherway Gardens in Toronto.